Huh? What do they have in common? In the same way that every decade brings with it a new style, it will come as no surprise that the perception of what a first home should comprise also changes considerably. The expectations and needs of buyers today are very different to that of purchasers in previous decades.
Haircuts are (relatively) cheap and easily changed. But first homes are limited by income, housing and land affordability and even linked to that most human of factors – aspiration. How have the trends changed over the years?
To get a clearer picture of Canberra’s evolving first home buyers’ market, we spoke with Matt Peden, Principal of the Independent Property Group’s Belconnen office. We asked Matt for his insights gained during many years in the property industry. (We didn’t consult him on hairstyles.)
So it’s started. You’ve found yourself looking around your beloved abode and thinking that maybe it’s looking a little too big these days. It’s okay – we’ve all been there (or probably will be at some point).
At first, downsizing might seem like a bit of a drag. After all, why would you want to leave the comfort of your big expansive house and end up in (shock, horror!) a townhouse – or heaven forbid – an apartment? Well, there are lots of reasons, actually.
Whenever people complain about their housemates, it’s usually only about small annoying habits they might have like leaving dirty dishes in the sink, using all the toilet paper or not taking out the trash.
Sometimes though, things can get really bizarre. Australian author, John Birmingham, famously wrote the novel “He Died with a Felafel in His Hand” consisting of a collection of colourful anecdotes about living in share houses with variously dubious housemates.
It inspired us to ask staff from Independent Property Group offices to share their experiences with any weird, quirky or funny housemates.
Even if you’re not thinking about selling your home in the near future, there are a number of significant advantages to making sure you keep yourself in a good position to sell.
3 of the main benefits are:
1. Keeping your home well-maintained is a lot easier and cheap than making ad hoc repairs
2. You’ll be ready for any changes that come your way, and
3. You’re prepared to take advantage of any potential opportunities.